Novel Profit-Sharing Experiment.
Mr Samuel J. Capper has published in the " Nottingham Daily Exrn-ess" an interesting letter on what he deems "the only solution of the labor question." Mr Capper wrote from Mecklenburg, where he was the guest of Baron Anton yon Bluche. The baron belongs to the same family from whjch the fanjous old t'Harshal Yorwarti?" sprang, and he. lives on his estate like a patriarch whom tl}e accident of birth has imbued with modern ideas. To Baron yon Blucher, as he one day wa.s pondering qi] the intricacies qf the labor question, there occurred a plan which he promptly put into practice. Profit-sharing is no new thing, and has been tried both in England and France in manufactories, workshops, and great printing houses, but never, so far as we know, in the case of a great landowner and his peasantry. On the baron's estate there is a village of 305) inhabitants, the men. of which are employed as laborers. He placed a riiqdeva'ta estimate on the value of his estate, and upon that 4 per cent at the end of the year is reckoned" as a first charge due to "the capital. But upon any profit beyond that 6 per cent is allotted to the lahoiwi*, ju>d s,harpd among the«r«t the end of each 10 years. If any man leaves the estate he is paid in a lump sum the amount that may have accrued to him. The scheme, it will be seen, is, .so far, one of ingenious cooperation. The market price of labor is paid of course, in addition to the profitsharing in the annual produce of the estate. In Mecklenburg the wages of a laborer, Mr Capper informs us, are \s 3d a day, but onjy" 6d of thin |s paid in actual cash ; the rest is taken out in "corn, fire^ wood, a house, allotment of land for o'wri use, rights of pasturage, and similar valuable concessions.
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Novel Profit-Sharing Experiment., Ashburton Guardian, Volume VII, Issue 2503, 28 August 1890
Novel Profit-Sharing Experiment. Ashburton Guardian, Volume VII, Issue 2503, 28 August 1890
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